concept   financial exchange
statement   In barter-based societies, bartering and direct exchange of goods and services is more common than formal financial transactions.

3 similar statements
# Concept Culture Statement Freq.
1 exchange Barter-based societies Bartering and trading without monetary exchange is common in local communities. 1
2 financial exchange Barter-based societies Bartering and direct exchange of goods and services is more common than formal financial transactions. 1
3 financial exchange Barter-based societies Financial exchange may be less common, with bartering or trade of goods and services being a more prevalent form of economic transactions. 1